During yesterday’s European Council, EU leaders met to discuss the new energy shock hitting Europe, with some of them looking towards deregulation measures and major changes to the EU Emissions Trading System (ETS) as possible solutions.
EuroCommerce, the European association of retailers and wholesalers, urges the Commission to act to protect the EU Single Market against the extra-territorial application of national law in the context of European retail alliances.
Fully excluding new fossil fuel projects from the revised Sustainable Finance Disclosure Regulation (SFDR) is critical to achieving the EU’s climate commitments, safeguarding the integrity of the framework, and strengthening investor confidence, warn 133 organisations and experts in a new multi-stakeholder letter.
“SMEs contribute to resilient local ecosystems where they invest, provide quality jobs and safeguard resilience for our eastern border region, while supporting social cohesion”, stated SMEunited Secretary General Véronique Willems in reaction to the European Commission’s Communication on Eastern border regions.
Ahead of the Alden Biesen summit where EU leaders will gather to discuss the EU’s competitiveness, EuroCommerce, representing Europe’s retail and wholesale sector, urges the European Commission to place the Single Market, effective enforcement and regulatory simplification at the heart of its competitiveness agenda.
“If the EU is serious about sovereignty, security, and prosperity, ‘Think Small First’ must guide every political choice”, stressed Davide Galli, SMEunited President, ahead of the informal EU leaders’ retreat on competitiveness on 12 February.
More regions across the EU are being hit by an escalating insurance crisis as extreme weather becomes more frequent and severe.
